Byju's, the troubled ed-tech company, is nearing a settlement with the Board of Control for Cricket in India (BCCI) over an outstanding $19 million debt. After transferring ₹500 million to the BCCI, the company is expected to pay the remaining amount in three installments. This settlement could prevent Byju's from undergoing insolvency proceedings initiated by an Indian tribunal due to the unpaid dues. The resolution offers a lifeline to the company, which has faced significant financial and legal challenges post-Covid, including a dramatic valuation drop from $22 billion to under $3 billion. Both sides' lawyers have indicated that the dispute is almost resolved, with further court hearings scheduled.